earnings
confidence high
sentiment positive
materiality 0.75
Cloudflare Q4 revenue $362.5M (+32% YoY); record operating cash flow $85.4M
Cloudflare, Inc.
2023-FY EPS reported
-$0.55
revenue$1,296,745,000
- Q4 revenue $362.5M (+32% YoY); FY2023 revenue $1,296.7M (+33% YoY).
- Q4 GAAP net loss $27.9M ($0.08 loss per share); Non-GAAP net income $53.5M ($0.15 diluted EPS).
- Record Q4 operating cash flow $85.4M (24% of revenue); free cash flow $50.7M (14% of revenue).
- FY2023 non-GAAP income from operations $122.0M (9.4% of revenue) vs. loss of $35.7M in 2022.
- CEO reports record new ACV, largest customer win and renewal, and Cloudflare One momentum.